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FLMX vs THD

Franklin FTSE Mexico ETF

FLMXBNYSE Arca

iShares MSCI Thailand ETF

THDCNYSE Arca

Overlap

Expense ratio

FLMX −0.40pt a year

FLMX0.19%THD0.59%

Avg volume · 30D

THD 7.0×the volume

FLMX10.2KTHD71.7K

5Y return · a year

FLMX +12.1pt

FLMX+13.0%THD+0.9%

FLMX vs THD Performance

Nov 2, 2021 – Nov 2, 2026

+84.3%FLMX+4.5%THD

Nov 2, 2021 to Nov 2, 2026. FLMX +84.3%. THD +4.5%. Use the arrow keys to read each point.−25%25%50%100%Nov 2021May 2024Nov 2026
Expense ratio
FLMX 0.19%, better
THD 0.59%
Fund size
FLMX $82M
THD $393M
1Y total return
FLMX +18.1%, better
THD +16.5%
Yield (12M)
FLMX 3.85%, better
THD 3.70%
Holdings
FLMX 39
THD 85
Avg volume (30D)
FLMX 10.2K sh
THD 71.7K sh, better
NAV per share
FLMX $36.31
THD $68.86
52W range

ETF.net Grade

FLMX: Cost 100, Risk 55, Mission 65, Tradability 48, Holdings 64, Durability 37. THD: Cost 50, Risk 59, Mission 47, Tradability 40, Holdings 75, Durability 65.
Pillar letters and Scores for FLMX, THD, with each pillar’s weight
PillarFLMXTHD
Cost30% weightA100HigherC50
Mission25% weightB65HigherC47
Risk15% weightB55B59Higher
Tradability15% weightC48HigherC40
Holdings10% weightB64A75Higher
Durability5% weightD37B65Higher

Rank among Emerging Markets Single Country funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FLMX and THD are both graded against the same 21 Emerging Markets Single Country funds, so their Grades compare head to head.

Emerging Markets Single Country⁠

Category · 21 funds
See all 21 ›

FLMX ranks 2nd and THD 8th of 21 funds in the Emerging Markets Single Country Category.

  1. Rank 1AEWWiShares MSCI Mexico ETFScore 76
  2. Rank 2BFLMXFranklin FTSE Mexico ETFScore 70
  3. Rank 3BEPOLiShares MSCI Poland ETFScore 64
  4. Rank 7CUAEiShares MSCI UAE ETFScore 54
  5. Rank 8CTHDiShares MSCI Thailand ETFScore 52
  6. Rank 9CEPUiShares MSCI Peru and Global Exposure ETFScore 51

Our read on each fund

ETF.net Research

FLMXBFranklin FTSE Mexico ETF

THDCiShares MSCI Thailand ETF

In short

FLMX Mexico exposure at a discount. Franklin's tracker charges 0.19%, a fraction of what single-country emerging-market funds usually cost, and holds a compact basket of the country's largest listed companies.

THD Since 2008, THD has been the single-ticker route into Thai stocks from a US brokerage account. Its MSCI index is all-cap, reaching roughly 99% of Thailand's free float, so mid and small caps ride along with the giants.

Stated mandate

FLMX The Fund seeks to track the performance of the FTSE Mexico Capped Index before fees and expenses through an indexing strategy, investing at least 80% of assets in index components or related exposure.

THD The fund seeks to track an index made up of Thai equities, providing targeted exposure to companies in Thailand.

Why people hold it

  • FLMX At 0.19%, one of the cheapest wrappers for Mexican equities: well under the roughly 0.59% median in its single-country EM cohort, and under EWW's 0.50%.
  • Plain, rules-based mandate: it tracks the FTSE Mexico Capped Index, keeping at least 80% of assets in index components or related exposure. No manager guesswork.
  • The index is a capped one, which limits how much of the portfolio any single Mexican mega-cap can occupy.
  • Live since 2017 and, on our review, one of the stronger implementations among single-country emerging-market funds.
  • THD All-cap by design: large, mid and small Thai names, covering roughly 99% of the market's free float instead of a blue-chip slice.msci.com
  • Trading since 2008 on the iShares platform, it is the long-standing way to hold a basket of Thai equities without opening a foreign account.ishares.com
  • The index applies the US tax code's fund diversification limits, so no single Thai company can dominate it. Roughly 80 holdings spread the exposure.msci.com

Worth knowing

  • FLMX Thinly traded. Spreads can run wider than at the category's busiest funds, which adds to the real cost of getting in and out beyond the headline fee.
  • One country, roughly 40 stocks. Concentration is the point, but it means Mexican policy, oil and peso moves all land straight in a dollar-based return.
  • Income arrives quarterly, not monthly.
  • THD 0.59% a year, right at the median for single-country emerging-market funds. Cheaper wrappers exist in the group (FLMX charges 0.19%), just not for Thailand.
  • One country, one currency. Baht moves and Thailand-specific news land straight in the price, with no other market in the basket to offset them.ishares.com
  • Distributions come once or twice a year rather than monthly, so any income arrives in lumps.

Full FLMX profile⁠

Full THD profile⁠

FLMX vs THD Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FLMX vs THD Cost

Overpaying THD vs FLMX

$7,683

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FLMX 0.19%

    $3,952

  • THD 0.59%

    $11,635

$10,000
30 years

Cost over time

  • FLMX 0.19%
  • THD 0.59%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530THD $11,635FLMX $3,952

Year by year

YearFLMXTHDOverpaying
10$347$1,058$711
20$1,351$4,051$2,700
30$3,952$11,635$7,683

Expense ratio

  • 0.19%FLMX, cheaper
  • 0.59%THD
  • Middle half of Emerging Markets Single Country funds
  • Median 0.59%

FLMX cheapest of 21 funds

THD 7th cheapest of 21 funds

FLMX vs THD Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
FLMX 3.85%, better
THD 3.70%
Payout (12M)
FLMX $1.42
THD $2.53
Last payment
FLMX $0.72
THD $1.71
Ex-dividend
FLMX Jun 26, 2026
THD Jun 15, 2026
Paid on
FLMX Jul 6, 2026
THD Jun 18, 2026
Frequency
FLMX Twice a year
THD Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

FLMXTwice a year · 20 paymentsAll FLMX payments⁠
One bar per payment. 20 payments from 2017 to 2026 YTD. Dec 20, 2017 $0.08; Jun 20, 2018 $0.14; Dec 20, 2018 $0.38; Jun 11, 2019 $0.31; Dec 11, 2019 $0.36; Jun 11, 2020 $0.13; Dec 14, 2020 $0.19; Jun 10, 2021 $0.26; Dec 13, 2021 $0.53; Jun 17, 2022 $0.34; Dec 16, 2022 $0.69; Jun 16, 2023 $0.28; Dec 15, 2023 $0.68; Jun 21, 2024 $0.19; Dec 20, 2024 $0.50; Dec 31, 2024 $0.07; Jun 20, 2025 $0.65; Dec 19, 2025 $0.66; Dec 30, 2025 $0.04; Jun 26, 2026 $0.72. Use the arrow keys to read each point.$0$22017202020232026YTD
THDTwice a year · 20 paymentsAll THD payments⁠
One bar per payment. 20 payments from 2017 to 2026 YTD. Jun 20, 2017 $1.37; Dec 19, 2017 $0.63; Jun 19, 2018 $1.52; Dec 18, 2018 $0.61; Jun 17, 2019 $1.44; Dec 16, 2019 $0.62; Dec 30, 2019 $0.06; Jun 15, 2020 $1.33; Dec 14, 2020 $0.45; Jun 10, 2021 $1.28; Dec 13, 2021 $1.12; Jun 9, 2022 $1.23; Dec 13, 2022 $0.58; Jun 7, 2023 $1.21; Dec 20, 2023 $0.66; Jun 11, 2024 $1.14; Dec 17, 2024 $0.77; Jun 16, 2025 $1.20; Dec 16, 2025 $0.81; Jun 15, 2026 $1.71. Use the arrow keys to read each point.$0$22017202020232026YTD

FLMX vs THD Risk

Fall from peak · 5 years

  • FLMX
  • THD
Nov 2, 2021 to Nov 2, 2026. Worst fall: THD −40.2% · Apr 2025. Use the arrow keys to read each point.−30%−20%−10%0%Nov 2021May 2024Nov 2026

Risk facts

VolatilityStd dev, 3 years
FLMX 20.0%THD 20.0%Same figure. Both funds show the same value, so neither comes out ahead.
Return per unit of riskSharpe ratio, 3 years
FLMX 0.55, betterTHD 0.27
Worst fallMax drawdown, 5 years
FLMX −31.7%, betterTHD −40.2%
Market sensitivityBeta, 5 years
FLMX 1.08THD 0.84

Popular comparisons

  • FLMXBvsEWWA

    Franklin FTSE Mexico ETF · iShares MSCI Mexico ETF

    Expense ratio
    0.19% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • THDCvsEWWA

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    Expense ratio
    0.59% · 0.50%
    Category
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  • FLMXBvsEPOLB

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    Category
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  • THDCvsEPOLB

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    Expense ratio
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    Category
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  • FLMXBvsEWMB

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    Category
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  • THDCvsEWMB

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    Expense ratio
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    Category
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